Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.)

Fill in the missing amounts in each of the eight case situations below. Each case is independent of the others. (Hint: One way to find the missing amounts would be to prepare a contribution format income statement for each case, enter the known data, and then compute the missing items.) Required: a. Assume that only one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Case #4 Unit sold 8,600 19,400 4,600 Sales $ 292,600 $ 151,800 275,200 $ 154,800 Variable expenses 291,000 Fixed expenses 82,000 78,000 165,000 21,200 $ $ 52,800 $ (4,400) Net operating income (loss) Contribution margin per unit $ 14 $ 7 b. Assume that more than one product is being sold in each of the four following case situations: Case #1 Case #2 Case #3 Case #4 Sales $ 449,000 $ 204,000 $ 308,000 Variable expenses 134,640 104,720 57,000 Fixed expenses Net operating income (loss) Contribution margin ratio (percent) 474,000 75,840 $ $ 80,560 $ (18,720) 44% 79%